The prediction market segment is experiencing explosive growth, sparking fierce competition among major players. Polymarket and Kalshi have secured leading positions at the forefront of this trend. Meanwhile, established platforms including Robinhood, traditional prediction services, and Crypto.com have recognized the opportunity and made their moves into this emerging space. It's not just the heavyweights either—numerous newer entrants continue testing prediction-based market models, each exploring different angles to capture this rapidly expanding sector. The space is heating up as more participants recognize the potential in prediction markets.